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💼BOJ Is in No Rush to Hike in October, Considering Later Move

🏦According to sources familiar with the matter, the Bank of Japan (BOJ) sees no urgency in raising interest rates this month but remains on track to hike later if inflation stays within forecasts.

📌Key Points:
— Japan’s inflation rose by 2.4% in September, aligning with BOJ’s expectations.
— The BOJ will monitor the US economy and potential impacts of the upcoming US election.
— The BOJ is expected to keep its 0.25% rate unchanged at the meeting at the end of October.

🔍BOJ’s decisions could impact global markets and the strength of the yen.

#BOJ #Japan #inflation #interestrates #DegenClub